16 Strathpine Street, Salisbury East SA 5109
16 Strathpine Street, Salisbury East SA 5109
3-bed family house, 2008 build | 2 bathrooms with main ensuite | Ducted heating and evap cooling | New vinyl floors throughout | Shed and secure parking
This is a genuinely modern family house in a suburb where much of the housing stock dates back to the 1970s and earlier. The 2008 build gives you a more contemporary floorplan, better insulation standards, and a cleaner interior than most nearby options. The main bedroom with walk-in robe and ensuite is a real point of difference, especially for buyers who would otherwise need to renovate an older home to get that configuration. Brand new vinyl floorboards mean you are not walking into immediate maintenance costs. The ducted gas heating and evaporative cooling cover both seasons, which is practical for Adelaide’s climate. This property suits a young family or a first-home buyer who wants something move-in ready without the compromises that come with older stock. It also holds appeal for an investor, given the two-bathroom layout tends to rent well and attract longer-term tenants.
The value picture here is shaped by a few things you should weigh carefully. The land size is not confirmed in the listing, and that matters because older homes in the area often sit on larger blocks, which can give them development potential or simply more outdoor space. This house may trade some of that for a newer build and lower upkeep. The shed adds practical storage, but it is not a substitute for a big backyard if that is a priority. The location near Cobbler Creek Recreation Park and local shopping is a genuine convenience, though the street itself is unlikely to be a premium address. Flood overlay has been flagged on nearby properties, so it would be sensible to check the specific title before committing. The rental yield in the suburb sits around mid-4 percent for houses, which is reasonable but not exceptional, so your return will depend more on long-term capital growth than aggressive rental income.
|| Comparable Sales: 16 Robin Street sold at $780,000 for a 1977 house; 21 Balmoral Road listed with subdivision potential | Property Price Band: $700,000–$800,000 | Value Drivers: newer build quality, two-bathroom layout, shed and secure parking, presentation ready to occupy
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Strathpine Street, Salisbury East SA 5109
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Salisbury East, in Adelaide’s northern corridor off Main North Road, is a family-oriented suburb of 9,273 residents and average household size 2.4. Demand is led by 30-39-year-old tradespeople and families, many with mortgages. The median house price is $730,000, with annual growth of 14.1%; 3-bedroom houses average 52 days on market, 4-bedroom 57 days. Recent sales include $830,000 and $936,000 for four-bedroom homes and $980,000 for five bedrooms; two-bedroom units are $450,000. Rent evidence shows $600 for three bedrooms and $690 for four, indicating consistent occupier demand. Supply is moderate at 137-163 sales annually and only 3-6 listings last month. Future growth is supported by Main North Road connectivity and population expansion of 3.35% from 2016 to 2021, but affordability is a constraint: median incomes are moderate against $730,000 prices, and 53% mortgage-holder prevalence leaves the market rate-sensitive.
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PropCred Estimated Value
Comparable Sales: 16 Robin Street sold at $780,000 for a 1977 house; 21 Balmoral Road listed with subdivision potential | Property Price Band: $700,000–$800,000 | Value Drivers: newer build quality, two-bathroom layout, shed and secure parking, presentation ready to occupy
Bedrooms
3
Bathroom
2
Parking
1
Land
300m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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